ATTOM’s Q1 2022 U.S. Residential Property Mortgage Origination Report shows that 2.71 million mortgages secured by residential property (1-4 units) were originated in the first quarter of 2022 in the United States. That figure was down 18% from the fourth quarter of 2021 – the largest quarterly decrease since 2017 – and down 32% from the first quarter of 2021 – the biggest annual drop since 2014. The decline, which marked the fourth straight
From Forms to Reports: A Look at the UAD Overhaul
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD).